You can use a scanning device
such as "neat" to prepare and transfer documents to the Internal Revenue
Service by digitizing paper documents to an electronic storage medium. There
are a few digitizing programs that meet the Internal Revenue Service
requirements by using export-to-PDF capabilities.
The Act of 1862 established the office of the
Commissioner of Internal Revenue. The Commissioner was given the power to
assess taxes, to enforce the tax laws through seizure of property and income
and prosecution and to levy and collect taxes.
Many individuals have tried to
influence these new tax laws. Many times the tax laws were changed and
amendments issued to make the tax laws a permanent component of our daily
life. Taxes are here to stay and will be raised as the need arises for more
money.
Everyone must do their part and provide
documentation for everything that has transpired. There are steep penalties
for everyone for failing to comply. Your employer must provide or send Form W-2 to
you no later than January 31, 2015. If you do not get a Form
W-2, you still have to report your earnings on your tax return.
You should not file your tax return without Form
W-2. Also, if your employer has not sent you a copy of your W-2 yet, then
they most probably have not sent a copy to the IRS so asking the IRS for a
copy is probably not an option. Besides, if they do have a copy, a copy
would not be made available to you since it is too early in the tax year.
Your employer has until January 31, 2015 to mail your Form W-2 to you, but
has until March 2, 2015 to submit the forms to the Social Security
Administration and to the Internal Revenue Service. The good news is that
once you ask your employer for Form W-2 and if he refuses, you can file a
substitute form to report your wages to the Internal Revenue Service on Form
4852. You have to allow enough mail processing time after January 31, 2015
and/or visit the employer to make your request before you can file Form
4852. The point is that you must wait until after January 31, 2015 in order
to file your substitute wage form. Form 4852 is not a form you would file on
January 7th, for example.
The Presidential Election
Campaign Fund is set up to help pay for Presidential election campaigns.
This fund gives more financial equality to Presidential candidates who
otherwise would not be able to afford to run for office. This election
campaign fund also reduces the dependence on large contributions from
interest groups. You can contribute $3 for you and $3 for your spouse if you
are married filing Married Filing Jointly. Your tax refund will not be
lowered if you make the Presidential Election Campaign Fund election.
Again, in 1993 another act was
signed to lessen the tax deficit. On August 10, 1993, President Clinton
signed the Revenue Reconciliation Act of 1993 into law.
What was different about the
1993 act to the 1986 was that the Revenue Reconciliation Act of 1993 affect
almost every taxpayer, not only the rich. This new tax act decreased the tax
planning benefits and tax planning strategies previously enjoyed by many.
